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...This sudden vulnerability of emerging markets will be a key issue at the World Economic Forum on Europe and Central Asia, which begins on Oct. 30 in Istanbul. While Turkey has reason to blame its worsening economic outlook on the rest of the world, some of its woes are self-inflicted. The government of Recep Tayyip Erdogan and his Justice and Development Party (AKP) set about transforming the economy after its election in 2002. Spurred on by the International Monetary Fund (IMF), which provided financial support during the 2001 crisis, the government pushed through strict budgets, monetary discipline...
...game undefeated in its last three appearances and currently lead the Patriot League.standings. This was supposed to be a tough test for Harvard, who is ranked for the first time since the beginning of its fall season. Only outshooting Holy Cross by one, the Crimson simply took advantage of key opportunities to notch a resounding win. “When we got opportunities to score, we did,” Fucito said. “I think overall our defense played pretty well.” Fucito scored the only goal of the first half in the 24th minute, blasting...
...where you feature famous and influential Harvard alumni, particularly those who have truly contributed something to the world (like Matt P. Damon, number 70, who was also People magazine’s sexiest man alive in 2007). In past years, however, you seem to have left out several key contributors to society (though you managed to include Harvard’s most treasured Golden Boy—President George W. Bush, number 2)—on the list. In order to avoid such omissions in this year’s list, FM respectfully submits these notable alumni for your...
...Perot's Reform Party to win statewide office. He defeated two respected, if not beloved, career politicians--Republican Norm Coleman, mayor of St. Paul, and Democrat Hubert ("Skip") Humphrey III, state attorney general and son of the late Vice President. Ventura's slogan, "Retaliate in '98," seemed an off-key way to appeal to voters in a prosperous and well-governed state with 2.4% unemployment. Retaliate for what...
With less than two weeks to go until Election Day, Barack Obama has held or increased his lead in four key states won by President Bush in 2004 - Nevada, North Carolina, Ohio and Virginia - while he has lost ground in West Virginia, according to the latest series of TIME/CNN battleground-state polls conducted by Opinion Research Corp. The polls suggest that the McCain campaign's recent attempts to link the Democratic nominee to former domestic terrorist William Ayers and the liberal organizing group ACORN (which the GOP accuses of perpetrating voter fraud) are not resonating with most voters...